Reflecting growing warmth in Indo-Pak ties, top Indian hotelier Lalit Suri intends to make investments in Pakistan in the hotel industry, stock trading and manufacturing of air-conditioners.
Leading hotelier and Rajya Sahba member Lalit Suri died in London early this morning after a massive heart attack, family sources said.
The Delhi-based group has already announced Rs 2,300-crore (Rs 23-billion) investment in setting up a number of luxury and mid-market hotels across business and leisure destinations in India and abroad.
India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.
The Lalit Suri Hospitality School, Haryana, is inviting applications from aspiring professionals for its BSc in hospitality and hotel management (BSc HHM), diploma in bakery and pattisserie and diploma in food production courses.
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With 13 properties on board, The LaLit is now keen to take its hospitality school -- The Lalit Suri Hospitality School -- in Faridabad, Haryana, to the next level.
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While the divestment attracted many names initially, on the final day, only The Lalit Suri group submitted a price bid.
The uniqueness will come from the extra comfort we will provide in our rooms, or free internet services in the hotels. Our two hotels in Goa and Srinagar have golf courses.
The Lok Sabha paid tributes to Kanshi Ram and Rajya Sabha paid tributes to Lalit Suri.
Telecom major Bharti Group, hotelier Lalit Suri and Kolkata-based Peerless are among the companies which have proposed investments of Rs 1,000 crore (Rs 10 billion) in Jammu and Kashmir under the ambit of industry body FICCI.
All eleven Rajya Sabha candidates in the fray in Uttar Pradesh, including businessman Anil Ambani, actress Jaya Bachchan and hotelier Lalit Suri, were declared elected unopposed in the biennial elections on Saturday.
Bharat Hotels Ltd, which operates hotels under brand name 'The Grand', is planning to pump in Rs 1,400 crore (Rs 14 billion) to expand its presence in India by 2008, even as it is mulling an IPO to mop up the funds.
The inquiry will bring under a scanner Arun Shourie, the then disinvestment minister, and Bharat Hotels Chairperson Jyotsna Suri.
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